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Foreclosure Homes in Lorraine, NY 13659

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Lorraine, NY Foreclosures

How much do homes sell for in Lorraine, NY?
The average home price is currently $174,218.
In Lorraine, NY, how many homes are available?
There are currently 2 active home listings available in Lorraine.
What’s the average rental cost in Lorraine, NY?
The average rental price in Lorraine is $1,082.
What is the most expensive home in Lorraine?
The most expensive home sold in Lorraine had a price of $655,852.
What is currently the cheapest priced home in Lorraine, NY?
The cheapest home for sale in Lorraine is priced at $19,806.

Living in Lorraine, NY

Lorraine, NY, is a peaceful rural town known for its friendly community and beautiful natural surroundings. Ideal for families and outdoor enthusiasts, the town offers various recreational activities and quality schools. With a tranquil atmosphere and access to local amenities, Lorraine is a hidden gem in Jefferson County.

Current Market Conditions in Lorraine, NY

The current real estate market in Lorraine is experiencing steady growth, driven by an influx of families looking to escape urban settings for a quieter lifestyle. Properties are increasingly in demand, leading to a slight rise in prices as more buyers discover the benefits of living in this charming community.

Investors are taking note of Lorraine's potential, with property values expected to appreciate as developments and improvements to local infrastructure occur. The town's combination of rural charm and accessibility to nearby cities makes it an attractive option for both newcomers and long-term residents.

Home Value Estimator For Lorraine, NY

There are currently 412 real estate properties in Lorraine, NY, with a median automated valuation model (AVM) price of $157,174.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lorraine, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lorraine, NY, is $174,218.00, with the most expensive house in Lorraine, NY, topping out at $655,852.00 and the cheapest home in Lorraine, NY, clocking in at $19,806.00. In other words, there’s something for every potential homebuyer or savvy investor in Lorraine, NY!

Rent Prices In Lorraine, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lorraine, NY, is on a rollercoaster ride. The average rent price in Lorraine, NY, is $1,082.00. Indeed, when looking to rent in Lorraine, NY, you can expect to pay as little as $580.00 or as much as $1,840.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Lorraine, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lorraine, NY 13659 Foreclosures

Market Trend for Lorraine, NY

Total Listings Available: 2

Market Values:

Home Prices from $19,806 to $655,852

Average Sales Price: $174,218

Rental Values:

Rental from $580 to $1,840

Average Rent Value: $1,082 / month

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